Opening corporation and bank account questions

I don't have any fee when using my BoC debit card! There is a ATM withdrawal fee of EUR 5 when using the ATM.

Bank of Cyprus with one company and Piraeus Bank with another company, both works fine.

Goran said:

Guys one more question I have on my mind, hope you don't mind :)

When I make company in Seychelles, is it smart or hard to open bank account in Seychelles? Would like to know more about Seychelles bank options, any post/threads on forum about some banks from that country? Thanks!

Since a few years it has not been possible to open an bank account with any of the banks in the Seychelles. So far I'm not aware of that this has changed!

You can find some info about it here Barclays Bank Seychelles discontinues offshore banking services there were another bank but the last I heard was that it closed!

Goran said:

For example if I have bigger amount of money in my bank account, can I buy with it something like house/appartment in some other countries, how that works?
How I can spend at once bigger amounts, what are the possibilities to do something like that?

Are there any thread with questions such this.

There is no problem doing that if you operate a Seychelles company not even from a bank account in Cyprus! However, if you want to do that tax free it's not going to happen.

Actually there is no procedure for it other then it is the same as if you would by the appartment personally.

You receive a contract from the realtor with the Terms and Conditions and then after signing etc. you simply transfer the money from the Seychelles company's bank account to the seller.

Yes it is pretty easy. The great benefit of a offshore company in most jurisdiction is that you can do whatever you want, no one is actually asking questions later on.

I know if you read the laws in the country in question it say a different storry but actually they don't really care!

Goran said:

Thanks @auric and @Admin for help, appreciate it!

If anybody has any info where and if it would be possible to get credit cards as many as I can get on my company name or different (maybe random) names would be good. I need those cards for advertising on platforms such facebook, google etc.

EntroPay is offering business cards, so I believe if you open an account with WorldCore and Advance Cash they print the company name on the business card too!